Japan stocks fall in post-holiday trade

LOS ANGELES (MarketWatch) -- Japanese stocks fell in early trade Tuesday, with investors returning from a holiday weekend to a soft lead from Wall Street. The Nikkei Stock Average
NIK, +1.19%
fell 96 points, or 0.7%, to 14,646, with industrial stocks pinched by a stronger yen
CUR_usdjpy
compared with its level against the dollar when trading ended last week. Shares of industrial-machinery major Komatsu Ltd. [jp:6301] fell 1.2%, unable to get a lift after better-than-expected Chinese manufacturing data for September released by HSBC on Monday. THK Co. shares
6481, +4.65%
were off 4.4% following a reported downgrade by Credit Suisse to neutral from outperform. Meanwhile, shares of Mitsubishi Heavy Industries Ltd.
7011, +1.19%MHVYF, +3.11%
shed 0.4% following a report from the St. Louis Business Journal the company may be preparing an offer to buy carbon fiber specialist Zoltek Cos.
zolt
In the wake of strong sales of Apple Inc.'s
AAPL, -0.32%new iPhone models, shares of mobile carriers KDDI Corp.
9433, -0.19%KDDIF, +2.20%
rose 0.6%, while NTT DoCoMo Inc.
9437, +1.23%NTDMF, +3.92%
and SoftBank Corp.
9984, +0.19%SFTBF, +0.75%
each edged up 0.2%.

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